Tour v422
XLP
State StreetCnsmrStpSelSectSPDRETF
$85.36 +1.46%
$85.43 (+0.08%)🌙
as of 07/27 06:07 PM
7/27 18:07

Option Volume

Detail
Current (07/27) 19,999
Calls: 14,363 (72%)
Puts: 5,636 (28%)
Prior (07/24) 21,411
Calls: 8,291 (39%)
Puts: 13,120 (61%)
Current vs Prior -6.59%
Calls: +73.24% (Calls)
Puts: -57.04% (Puts)
Prior 7-Day Total 180,220
Calls: 64,486 (36%)
Puts: 115,734 (64%)
Prior 7-Day Average 25,745
Calls: 9,212 (36%)
Puts: 16,533 (64%)
Current vs Prior 7-Day Avg -22.32%
Calls: +55.91%
Puts: -65.91%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/27) $2.91M
Calls: $2.09M (72%)
Puts: $819.2K (28%)
Prior (07/24) $3.33M
Calls: $1.14M (34%)
Puts: $2.19M (66%)
Current vs Prior -12.46%
Calls: +84.28%
Puts: -62.62%
Prior 7-Day Total $21.65M
Calls: $9.28M (43%)
Puts: $12.37M (57%)
Prior 7-Day Average $3.09M
Calls: $1.33M (43%)
Puts: $1.77M (57%)
Current vs Prior 7-Day Avg -5.82%
Calls: +57.99%
Puts: -53.66%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/27) 0.39
Prior (07/24) 1.58
Current vs Prior -75.20%
Prior 7-Day Average 1.76
Current vs Prior 7-Day Avg -77.67%
Sentiment BULLISH

Open Interest

Detail
Current (07/27) 401,055
Calls: 87,461 (22%)
Puts: 313,594 (78%)
Prior (07/24) 240,273
Calls: 63,333 (26%)
Puts: 176,940 (74%)
Current vs Prior +66.92%
Prior 7-Day Total 2,402,755
Calls: 607,062 (25%)
Puts: 1,795,693 (75%)
Prior 7-Day Average 343,250
Calls: 86,723 (25%)
Puts: 256,527 (75%)
Current vs Prior 7-Day Avg +16.84%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 1.83% | 2.69%3.17% | 5.04%
Prior 4.65% | 3.54%5.37% | 6.23%
Current vs Prior -60.68% | -23.93%-40.91% | -19.12%
Prior 7-Day Avg 2.30% | 2.95%4.40% | 5.76%
Current vs 7-Day Avg -20.42% | -8.79%-27.92% | -12.55%
Prior 7-Day Eod 4.65% | 3.54%5.37% | 6.23%
Current vs 7-Day Eod -60.68% | -23.93%-40.91% | -19.12%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 11.94% | 7.02%
Calls: 8.60% | 6.11%
Puts: 15.28% | 7.92%
Prior 585.37% | 99.63%
Calls: 585.37% | 44.35%
Puts: -- | --
Current vs Prior -97.96% | -92.95%
Prior 7-Day Avg 101.85% | 23.06%
Calls: 103.37% | 15.02%
Puts: 19.49% | 31.11%
Current vs 7-Day Avg -88.28% | -69.56%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 72% call dollar volume ($2.09M). Extreme bullish P/C ratio of 0.39 - heavy call buying (14,363 calls vs 5,636 puts). P/C ratio dropping 75% - sentiment shifting bullish. Put-heavy open interest (313,594 puts vs 87,461 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BEARISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 1 of results (avg 7.3%, best 7.3%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$73.00Jul 3111.8512.75$12.307.3%20.87--
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 82 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$74.00Jul 319.3013.60$11.4537.6%281.00--
$75.00Jul 318.0012.95$10.4847.2%281.00--
$82.50Aug 281.706.30$4.00115.0%--1.0045
$84.00Aug 281.485.00$3.24108.6%791.00113
$81.00Aug 72.106.95$4.53107.1%--0.9334
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$94.00Jul 316.1511.00$8.5756.6%160.99--
$93.00Jul 315.2510.00$7.6362.3%160.99--
$88.50Aug 142.854.85$3.8551.9%230.85--
$89.00Aug 141.606.00$3.80115.8%40.77--
$87.50Aug 280.755.00$2.88147.6%450.76--

Most actively traded options today. High liquidity = easy entry/exit. 165 active (total vol 12.7K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 211.721.98$1.8514.1%2.4K0.549.9K
$85.50Jul 310.440.92$0.6870.6%9080.472.2K
$87.50Aug 210.470.81$0.6453.1%8410.2892
$85.00Jul 310.271.27$0.77129.9%7220.581.2K
$85.50Aug 70.661.54$1.1080.0%5930.4881
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Aug 140.241.28$0.76136.8%4710.32360
$82.00Aug 210.310.61$0.4665.2%4410.205.4K
$83.50Aug 210.105.00$2.55192.2%3820.40426
$83.00Aug 70.100.41$0.26119.2%3540.1850
$86.00Jul 310.794.95$2.87144.9%2890.6366

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 28 strikes (avg 115.2%, max 639.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$95.00Jul 31Aug 21162.3%21.9%639.2%1066
$80.50Jul 31Aug 28128.7%39.0%230.2%--60
$89.00Jul 31Sep 4109.9%38.3%186.8%11290
$92.00Aug 7Aug 2183.1%31.6%163.4%3049
$89.50Jul 31Aug 2865.3%26.3%148.2%239
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$76.00Aug 7Aug 21106.5%25.8%313.6%337
$88.50Aug 7Aug 1463.5%17.2%268.7%41--
$80.50Jul 31Aug 28128.7%39.0%230.2%1565
$82.50Jul 31Aug 2825.6%11.6%121.2%53649
$78.00Jul 31Aug 2837.1%17.1%116.1%--54

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 31 found (best R:R 9.00, avg 1.86)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$94.00$95.00Aug 21$0.10$0.90$0.109.00$94.10
$86.00$87.00Sep 4$0.10$0.90$0.109.00$86.10
$87.50$88.00Jul 31$0.13$0.37$0.132.85$87.63
$87.00$87.50Jul 31$0.16$0.34$0.162.12$87.16
$86.00$86.50Jul 31$0.17$0.33$0.171.94$86.17
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$81.50$81.00Jul 31$0.12$0.38$0.123.17$81.38
$88.50$86.50Aug 7$0.48$1.52$0.483.17$88.02
$83.50$83.00Aug 7$0.14$0.36$0.142.57$83.36
$81.50$81.00Aug 14$0.18$0.32$0.181.78$81.32
$85.50$85.00Sep 4$0.20$0.30$0.201.50$85.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 38 found (best R:R 7.33, avg 1.54)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.00$81.00Aug 14$0.88$0.88$0.127.33$80.88
$80.50$82.50Aug 28$1.75$1.75$0.257.00$82.25
$73.00$74.00Jul 31$0.85$0.85$0.155.67$73.85
$81.00$81.50Aug 21$0.38$0.38$0.123.17$81.38
$85.00$85.50Sep 4$0.37$0.37$0.132.85$85.37
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$93.00$86.50Jul 31$5.00$5.00$1.503.33$88.00
$85.50$85.00Aug 14$0.34$0.34$0.162.13$85.16
$86.50$86.00Aug 14$0.33$0.33$0.171.94$86.17
$85.00$84.50Jul 31$0.30$0.30$0.201.50$84.70
$80.50$80.00Aug 14$0.29$0.29$0.211.38$80.21

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 36 found (avg debit $0.82, cheapest $0.09)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$81.00Aug 7Aug 14$0.1722.0%59.2%
$83.50Jul 31Aug 7$0.2025.6%18.1%
$80.00Aug 14Aug 21$0.2528.3%22.0%
$85.00Jul 31Aug 7$0.2819.8%23.7%
$85.50Jul 31Aug 7$0.4221.2%20.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$83.00Jul 31Aug 7$0.0925.7%17.3%
$86.00Jul 31Aug 7$0.0921.1%13.3%
$81.00Jul 31Aug 7$0.1027.4%22.0%
$79.00Jul 31Aug 7$0.1332.5%30.3%
$80.00Jul 31Aug 7$0.1329.4%26.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 73 found (cheapest 1.29% of stock, avg 4.82%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$84.50Jul 31$0.86$0.24$1.10$83.40$85.601.29%
$85.00Jul 31$0.77$0.54$1.31$83.69$86.311.53%
$85.50Jul 31$0.68$0.79$1.47$84.03$86.971.72%
$82.50Jul 31$1.98$0.11$2.09$80.41$84.592.45%
$83.50Jul 31$1.89$0.26$2.15$81.35$85.652.52%
$85.00Aug 7$1.05$1.27$2.32$82.68$87.322.72%
$85.50Aug 7$1.10$1.25$2.35$83.15$87.852.75%
$83.50Aug 7$2.09$0.40$2.49$81.01$85.992.92%
$83.00Jul 31$2.39$0.17$2.56$80.44$85.563.00%
$85.50Aug 14$1.25$1.36$2.61$82.89$88.113.06%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.61% of stock, avg 4.00%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$86.50$84.00Jul 31$0.30$0.22$0.52$83.48$87.02
$86.50$84.50Jul 31$0.30$0.24$0.54$83.96$87.04
$86.50$83.50Jul 31$0.30$0.26$0.56$82.94$87.06
$86.00$84.00Jul 31$0.47$0.22$0.69$83.31$86.69
$86.00$84.50Jul 31$0.47$0.24$0.71$83.79$86.71
$86.00$83.50Jul 31$0.47$0.26$0.73$82.77$86.73
$86.50$85.00Jul 31$0.30$0.54$0.84$84.16$87.34
$85.50$84.00Jul 31$0.68$0.22$0.90$83.10$86.40
$85.50$84.50Jul 31$0.68$0.24$0.92$83.58$86.42
$85.50$83.50Jul 31$0.68$0.26$0.94$82.56$86.44

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 16 found (best R:R 4.00, avg credit $1.79)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
77/7884/84Aug 7$0.80$0.204.00$77.20$84.80
77/7990/95Aug 14$3.88$1.123.46$75.12$93.88
77/7884/84Aug 7$0.74$0.262.85$77.26$84.24
80/8190/95Aug 14$3.66$1.342.73$77.34$93.66
81/8286/86Jul 31$0.33$0.171.94$81.17$85.83
81/8286/86Jul 31$0.29$0.211.38$81.21$86.29
81/8287/88Jul 31$0.28$0.221.27$81.22$87.28
86/8690/95Aug 14$2.70$2.301.17$83.30$92.70
86/8790/95Aug 14$2.61$2.391.09$84.39$92.61
85/8690/95Aug 14$2.25$2.750.82$83.25$92.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 19 found (best R:R 7.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$89.00$89.50$90.00Aug 14$0.09$0.414.56
$89.00$89.50$90.00Aug 7$0.11$0.393.55
$83.50$84.00$84.50Sep 4$0.13$0.372.85
$86.00$86.50$87.00Jul 31$0.21$0.291.38
$93.00$94.00$95.00Aug 21$0.46$0.541.17
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$83.50$84.00$84.50Jul 31$0.06$0.447.33
$82.00$82.50$83.00Jul 31$0.08$0.425.25
$84.50$85.00$85.50Aug 14$0.09$0.414.56
$81.50$82.00$82.50Aug 14$0.18$0.321.78
$83.00$83.50$84.00Aug 14$0.21$0.291.38

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 46 found (best net $-0.26, 25 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$81.50$82.501:2Jul 31-$0.21$0.79
$88.00$88.501:2Aug 14-$0.07$0.43
$86.00$86.501:2Jul 31-$0.13$0.37
$85.50$86.001:2Aug 21-$0.22$0.28
$92.00$93.001:2Aug 21-$0.73$0.27
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$78.00$75.001:2Aug 28-$0.26$2.74
$81.00$80.001:2Aug 7-$0.17$0.83
$76.00$75.001:2Aug 21-$0.26$0.74
$80.50$80.001:2Aug 14-$0.07$0.43
$83.50$83.001:2Jul 31-$0.08$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 0.98%, avg 0.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$85.50Aug 14$0.840.540.2%0.98%1.15%481.4K
$86.50Aug 21$0.830.431.3%0.97%2.31%1537
$87.00Aug 28$0.720.401.9%0.84%2.76%1473
$85.50Aug 7$0.660.480.2%0.77%0.94%59381
$86.00Aug 21$0.470.440.8%0.55%1.30%182.5K
$87.50Aug 21$0.470.282.5%0.55%3.06%84192
$85.50Jul 31$0.440.470.2%0.52%0.68%9082.2K
$87.00Aug 14$0.410.461.9%0.48%2.40%242
$89.00Aug 28$0.400.364.3%0.47%4.73%49
$88.00Aug 21$0.230.263.1%0.27%3.36%2002.2K

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 14,363
Total Puts 5,636
Put/Call Ratio 0.39
Net Difference 8,727

Prior's Put/Call Breakdown

Total Calls 8,291
Total Puts 13,120
Put/Call Ratio 1.58
Net Difference -4,829

Prior 7-Day Put/Call Summary

Total Calls 64,486
Total Puts 115,734
Average Put/Call Ratio 1.76
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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